Base metal explorer Peel Mining has reported intersections of 7 metres at 2.01% Cu and 9 metres at 2.24% Cu 300 metres north of its Mallee Bull copper-silver-gold resource in central New South Wales. The results came from a weak down hole electromagnetic conductor at a depth of 270 metres.... Show More
Echo Resources defined an extensive near-surface laterite gold zone extending over several hundred metres including a strike of 100 metres with mineralisation at 30-50 metres depth at the Julius gold prospect 55km south of the Jundee Mine in the Wiluna area of Western Australia. The results of the April drilling... Show More
A literature review by Maximus Resources of the historic Spargoville gold workings revealed the presence of a distinct “blue lode” containing gold nuggets leading to its reinterpretion as finely laminated calcareous and carbonaceous sediment. The Eagles Nest prospect in Western Australia is 8km south of the now-exhausted high grade Wattle... Show More
Executives at oil and gas juniors may be indulging their personal aspirations at the expense of shareholder outcomes. The PortfolioDirect rating reviews of oil and gas sector stocks have been highlighting a common feature. Executives, often with large company backgrounds, are highly adept at identifying and defining interesting geologies. In... Show More
Real Energy Corporation, first listed in December 2013, offers investors a relatively low risk onshore Australian gas exposure. The company has reported an independently assessed 13.76 TCF Cooper Basin resource. It will proceed to “frac” two proof of concept exploration wells with proven gas in the coming months to demonstrate... Show More
Cyclical conditions continue to worsen. The IMF has restated its slow growth (and implicitly anti-metals cycle) hypothesis as it has again downgraded expected growth outcomes. Also this week: iron ore prices and the Australian dollar and why gold is not needed. The macro driven portfolio model continues to run ahead... Show More
